West 1 Castings Limited

West 1 Castings Ltd is a small, active company founded 17 years ago, operating from London’s Hatton Garden, a renowned jewellery quarter. With eleven employees and £734,028 in assets, it’s a well-established player in the precious metal casting industry. The company, which has three directors and two owners, boasts a solid 4.0 Google rating from twelve reviews, reflecting a good reputation amongst its clients. It’s an irregular importer, with its top category being machinery, boilers, and mechanical appliances, with the last import operation occurring two months ago.

The company’s website reveals a business focused on providing casting services for jewellery and related articles. It offers a range of services, including CAD design, mould making, and casting in various metals like platinum, gold, silver, brass, and bronze. It doesn’s offer finishing services, like despuring, polishing, or stone setting, but can recommend outworkers for these. The website is very informative, detailing processes and materials, and even provides opening hours.

Financially, West 1 Castings Ltd shows some concerning trends. While cash reserves decreased by 9%, current assets dropped by 12% to £730,000. Bank borrowings have completely disappeared, which is positive. However, creditors decreased by 13%, suggesting a potential squeeze on working capital. The company’s small size (meeting two of three conditions for being small) helps it remain flexible, but the decline in assets and creditors could indicate financial pressures. The company's unaudited financial statements, which are exempt from audit, rely on director-reported data. It’s unclear if these trends are a temporary setback or a sign of longer-term challenges, but the company’s focus on quality and its established presence in Hatton Garden should provide a solid foundation for future growth.

Registered in England/Wales under the registration number 06489280, with a registered address at EC1N 8BQ, 24 Hatton Garden, London.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.